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The key is that FedNow will provide speed, equal access and an infrastructure that enables the private sector to build cross-platform solutions, says BillGo's Kelly Seidl.
October 3
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Rep. Denver Riggleman, R-Va., explains why he’s introduced legislation requiring greater transparency over the Federal Reserve’s incoming payment system.
October 2
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Banks need to understand that examiners' job is to call it like they see it.
October 2
Office of the Comptroller of the Currency -
Facebook calls an emergency meeting about its planned payments network; Well Fargo report says 200,000 jobs will be lost to robots and technology.
October 2 -
Governments use varying methods for tracking the flow of money in and out of the country in order to deter fraud and money laundering, writes Nvoicepay's Alyssa Callahan.
October 2
Nvoicepay -
A shared cart that carries a consumer’s preferred form of payment throughout their purchase journey, regardless of which channel they begin and end with, can be a real differentiator for retailers.
October 1
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There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. First State Bank of St. Charles is working on a solution that can help its customers right away, says Luanne Cundiff, the Missouri bank's president and CEO.
October 1
First State Bank of St. Charles -
The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.
October 1 -
Adoption of money management instruments offered by banks remains low. One expert explains why.
October 1 -
A lot of the legal risk for banks and traditional payment companies would go away under the law, said Anita Boomstein, a partner at Manatt, Phelps & Phillips.
October 1
Manatt, Phelps & Phillips, LLP



